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<br />REAL ESTATE MORTGAGE CORM >LB 20a (Rev, 1-77)1 yn
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<br />October 31, 1984 I '
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<br />Date
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<br />Ella Jean Olsen and Clarence F. Olsen, wife and husband
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<br />SEC. TWP; RG;
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<br />. Mortgagors.
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<br />of Hall County. Nebraska . tn consideration of
<br />the advance of the princIpal sum recited in t.he note he::elnatte;> described, receipt cr ~"'hlch is aC}mowledgedo hereby
<br />mor'tga.ge and convey to
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<br />THE FEDERAL lAND BANK OF OMAHA. a Co roo rat ion,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit 6ui Iding, Omaha, Nebraska 68100.
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<br />Mortgagee {subject to 011, p;as, r~nd ....lne-::-al rlgllts cwned by ;;arties other than Mortgagors; "eXisting easements-ot
<br />record; reservations 1 n ~-'nl tea 3t 1Lef> and stat.e paten~ ['; and t.he rights (:: the pUblic tn all hlg.i.ways). the followIng:..,;
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<br />described re'11 estfit9 in
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<br />Hall
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<br />.county. _
<br />
<br />Nphr:::lAkR
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<br />contaInIng 189. 945 ___~_ "eres,
<br />(now owned. orhere3.f'::er :j.cqulref:!~ or t~1P .:-!rn.'tg!-.tgl)r~~
<br />or ,'1.ppurteOd.nces tL$reon :)f hereafter rlnce~l
<br />heredi t:;ull€nts. a..nd 3.ppurt"3naliCBS thereto :i.r~:j t!1f'
<br />t.he t1ortgagors! rlgfJt:.s In the P~lbll\' .jc;fli:tlr, lire
<br />11cense~. Ol'-:Jflvl1e!Ses. [::.ppurt..m.5J1t
<br />c,r renewed te" the Mortga-gers by the
<br />aH.Y depaT'tr<ellt. ':.;.ureh-'-.l. (O~ i1i~ney
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<br />t~g!$tJH:r wIth !i.,a of t:h.e rlght. Utle, a..'lJd .in.tares,t_
<br />, including u,ll b:ltldlngs, lmprove~.ent-8:..!lx.tW"e~,
<br />1rrtgatlon. ~lnd draina.ge', rights;. the' t.enements.~:
<br />"nO profl r,s arIsIng from saId IM(ls; Mil ( H
<br />for .nt?carl cy purpose-.$} a.11' lease__s-,',. P~l"In1'ts;.
<br />preml ~es l now or heref\tte-r, Issued J excen'9E!-,d.,.-_
<br />the nbQve-descrlbed prop8'rty ls.:1Qc.a.te-d. ,O.r
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<br />1'hls mortgage 1:3 f,.tven t_I:J ~~\~CU;B ,~ pf"0:1'!t.'SSOZ-:y' :1:1te of ~,.It~n 'l!tte r:f!-rewlth, ~xecut.ed by Mortg:dgurs
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<br />tile prillc!pal Sll,.. or TWENTY-TWO. THOUSJ\ND SIX HUNDRED AND NO/10n - - - --
<br />;~a..vablp w1th lnt,fr~l~:;.r :'1'(T-O~'din~ t\.) t..tle >;'!i1:~; ::f ;~;ll',~ nc,t~~, the flna.l [.'Olyment velng (JUB and payab.le
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<br />of April,. 1994 _________. ~i11;~; ":u'nv>?Y:i!jGe shal.l De '.!Olfll!POfl the pdyment of said promissory'note.
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<br />1'h1s mortg~e _1_$ su~~ect-A to
<br />ule!;t'I"L'. IUt:! 'pru!..:t:'~u.::> ui
<br />cp.tlan for said 108n and
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<br />FARM
<br />rtJ..iL. UO:;:
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<br />ACT
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<br />all acts amentlatory tHereof orsupplel1lent"l
<br />pur;,i)';':;.;i ;:;piti;1tle~ 1ii tile X-vrtgagct's: tiv.yl~:-,
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<br />The Mortgagors. and each or U'H.?lJ:. her€by warrant that tJNY are fee owners Df the mortgaged real prope,rty;. that, they'
<br />Wll1 defend the title against -'111 clalm.'ints ;.>.-'homso<?ver. am! that sald property is tree; fr-om all encumbrances,;: that
<br />t.hey will keep s'll ale 1i'lprovements. fixt.ures, .'in-d ?~;;pl1rt.enaaces occlJP1s{i and In good repaIr and .permit no' acts of
<br />waste ~ alld t.hey will :'el ~nqu~ ,"'11 :ill rtgllt.s of hDmestead in sa! d pTB-ml ;::es. ':l.OU eOVen< and agree wl th the- Mortgagee ~
<br />'1-...<; ~011D'i'i8:
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<br />L~~ p~~~~r~~~f~e~~i~ ~~i-t.~~~~dt~U~
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<br />"\.11 t5...'I{es~ :l':-n2.
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<br />J iidgi,ren iA;,
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<br />asse.ssments which may be lawful1y assessed against
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<br />f<?:) That- t.hey .'<111 ~n~,L\re
<br />on sa 1,] [reml 5.6$ to the
<br />wi t.h tile" loss th.ert>undtlf"
<br />c.! the- d~st;royed. ImprOVel'fle-nts;
<br />.~1n'y 2nj~bted..'1e.ss. !i3:t.ureu tH"
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<br />cr Wl11c-h may hereafter b>& placed
<br />{lnuorged wl t.h a tl'lortgage olause
<br />used to pay tor r'.:'H:on.gt:ruct.10H
<br />be applled l.n payment. of
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<br />:~)) ;u pay -<'111 !'Bnt.s, tees. ,-w c:~arges nuw ~hje
<br />;;rlvi lege- -on the rubU.\~ dO-main which is
<br />i SiM,wJ. ftxt.~f'6.!ed. or rerwwti-d by Ow unltftd
<br />t-o ~rr-orm a-.nd i:;-t)-servi;' (!very ac':..
<br />3,t,ill::.'.......Ur.g; 't.I1:;1 't.o tAti:t€ Wlt'eI'Y nBt's.ssary
<br />aS$lgn. walve. pl-e-dge. Dr end'(wsiJ to.
<br />in -putr~~,,~ "l:):m.~lln !H"e f"t>\j;;lred !)y Mr.;rtKfif',e~
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